TORRENS 2607
State: ACTPosiProp AI Investment Summary
TORRENS (ACT 2607) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.6% and has experienced a 12-month capital growth of Up 1.8%, with a median house buy price of $1,125,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$880,000
$1,070,000
$1,247,500
$1,125,000
Suburb Market Profile
Last month Torrens had 3 properties available for rent and 11 properties for sale. Median property prices over the last year range from $1,125,000 for houses to $480,000 for units. If you are looking for an investment property, consider houses in Torrens rent out for $700 PW with an annual rental yield of 3.6% and units rent for $555 PW with a rental yield of 5.4%. Torrens has seen an annual compound growth rate of 1.8% for houses and -26.4% for units.
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